Reborn since 1993

Chapter 1215 Hurry up and seize the day! If we don't harvest now, the leeks will be too old.
"I hope that companies like Tianya Sports and 3721 will choose to list on the Hong Kong Stock Exchange after completing their financing!"

Li Dongling addressed the group in the meeting room. His words sounded like a "suggestion," but since everyone present was from the "Dongke" group of companies, they naturally understood what Li Dongling meant.

Of course, it's up to these companies to decide where to list, and Li Dashan (Li the philanthropist) can't be too domineering.

However, allowing these internet and technology companies to list in the port city is part of the Silicon Harbor project.

As for whether they insist on listing on NASDAQ, Li Dongling will not stop them. However, in the future, the "Dongke Group" label on these companies will probably have to be removed...

In the future, not all of Dongling Hi-Tech's subsidiaries will be listed on Nasdaq; rather, some will selectively pursue Nasdaq listings. For example, Dongxin Semiconductor will choose to list on Nasdaq.

Upon hearing Li Dongling's words, Guo Jingyun, Zhou Hongyi, Qiu Bojun, Lei Jun, and the others glanced at each other, but none of them raised any objections.

Although Li Dongling's words were just a suggestion, they dared not take them lightly. Dongling High-Tech was a major shareholder of several of their companies, and with Li Dongling's backing, they could obtain a lot of resources and support.

Only someone who's lost their mind would choose to go against the philanthropist Li.

Of course, listing on Nasdaq would likely result in a significantly higher market capitalization than listing in Hong Kong. After all, Nasdaq profits from investors worldwide, and with the influence of Wall Street, it is certainly much stronger than Hong Kong's Central district.

But Zhou Hongyi, Qiu Bojun, Lei Jun and others need to consider more than just stock price and market value. They are located in the inland areas, and their companies will also be located in the inland areas in the future. Therefore, they need to consider the attitude of Li Dashan!

Why are they sitting here today discussing going public, instead of their counterparts in the mainland?
Their capabilities are undeniable, but more importantly, it is Dongling High-Tech, a fact that everyone is well aware of.

"If we can complete the financing and listing in the port city, that will be enough for Kingsoft!" Qiu Bojun said with a touch of emotion.

He experienced great ups and downs. Kingsoft had previously applied for an IPO, but it ended in failure.

Subsequently, Kingsoft suffered a crushing defeat in its competition with Microsoft Office, and its IPO became a distant prospect, even facing a crisis of bankruptcy due to a broken capital chain.

It was Li Dongling who lent a helping hand to Kingsoft, investing three million US dollars to help Kingsoft overcome its difficulties.

Dongling High-Tech awarded many software development orders to Kingsoft and also pulled Kingsoft to invest in Hanxi IT Training Center, giving Kingsoft a cash cow. Finally, they managed to release WPS97 and turn the company around.

While WPS97 sold well, due to the rampant piracy in China's software environment, its actual role was to help Kingsoft regain some of its office software market share, but it didn't generate much revenue for Kingsoft.

Software outsourcing and IT training are now Kingsoft's most profitable businesses, and both of these are closely related to Dongling Hi-Tech.

Kingsoft is now also implementing Lei Jun's plan to expand into multiple areas. Lei Jun has also realized that Kingsoft can no longer survive by relying solely on office software.

Therefore, Lei Jun proposed to launch a multi-pronged attack beyond software, entering markets such as the internet and games.

To put it bluntly, they'll pursue whichever path is most profitable, ensuring Kingsoft's survival first, and then continue the office software war with Microsoft, preparing for a protracted battle for Kingsoft.

Now, besides developing WPS, Kingsoft is also developing Kingsoft PowerWord and is preparing to develop Kingsoft Antivirus, among other software. Once the internet becomes more popular, they will also launch Amazon China, etc…

If Kingsoft can successfully go public, it will be able to breathe a sigh of relief and raise more cash flow.

Compared to Qiu Bojun and Lei Jun, who were filled with emotion upon seeing the opportunity to go public, Zhou Hongyi appeared to be in high spirits.

As someone who graduated from the same department as someone else, the Red-Clothed Cult Leader's career in this life has been incredibly smooth, unlike Lei Jun who experienced all the misfortunes he went through at Jinshan.

Upon graduation, I followed Guo Jingyun, the general manager of Tianya Company, to Yanjing and participated in well-known projects such as Tianya Input Method and Tianya.com.

Later, when Yahoo! China was established at the Zhixing Foundation, he was directly appointed as the president of Yahoo! China and launched 3721 Chinese website and 3721 navigation.

Upon its launch, 3721 ignited the Chinese internet, sweeping across the entire Chinese internet market. Internet companies and computer users alike eagerly embraced 3721. It was said that 3721 could be found wherever there was a computer in mainland China, making it the first company in the Chinese internet industry to achieve profitability!

Currently, less than a year after 3721 was launched, Zhou Hongyi, who is only 28 years old this year, may personally take 3721 public and thus achieve financial freedom.

How could Zhou Hongyi not be in high spirits and riding high on his success? Looking at the inland technology industry, who else... Of course, Zhou Hongyi never thought of comparing himself to his senior brother Li. Compared to Li's experience, Zhou Hongyi's experience was somewhat lacking.

But apart from his senior brother Li, Zhou Hongyi is almost in a class of his own among the younger generation of the mainland technology industry!

"Manager Liang, we still need Peregrine's help to complete the valuation as soon as possible."

"Peregrine and Cyberport's Port City Future Industry Fund will work together to complete the financing for these companies!" Li Dongling instructed Liang Botao.

"President Li, please rest assured, Peregrine will certainly live up to your expectations!" Liang Botao nodded. He knew that valuing these "Dongke" group of sister companies was a real test of Peregrine's capabilities.

If the valuation is too low, it will make these sister companies unhappy. We're all on the same boat as Dongling Hi-Tech, and we'll run into each other all the time. If we meet at Dongling Hi-Tech's annual meeting in the future, it will be difficult for us to talk.

However, if the valuation is too high, no investment institutions will be willing to buy it. This will not only damage Peregrine's reputation, but also likely cause these companies to lose their financing.

Therefore, this will test the abilities and skills of Liang Botao and Peregrine Securities.

However, if Peregrine can help companies like 3721 and Kingsoft complete their financing and IPOs, it will also complete its transformation and open up new markets!

In the past, Peregrine mainly helped mainland state-owned enterprises list their red-chip stocks. Now, if it can list technology stocks on the Hong Kong Stock Exchange and make it a core business for Peregrine, then with the help of the internet boom, Peregrine can quickly recover its vitality and even surpass its peak!

"If needed, the Zhixing Foundation, Ning's Trading Company, and others can help Peregrine complete the financing for these companies."

Li Dongling added that if the institutions in Hong Kong and Southeast Asia didn't agree, Li Dashan wouldn't mind playing a game of transferring assets from one hand to the other.

As long as they can go public, no one can find fault with them. Getting these internet companies listed and launching the Silicon Harbor project is the most important thing.

When the meeting ended and everyone else left, Qiu Bojun did not get up. Instead, he pulled Lei Jun, who was about to get up, and made him sit down again.

Seeing this, Li Dongling knew that Qiu Bojun must have something to talk to him about.

"I plan to hand over the position of Kingsoft president to Lei Jun after Kingsoft goes public!"

Qiu Bojun took a deep drag of his tobacco, exhaled a cloud of smoke, and spoke to Li Dongling.

Dongling High-Tech holds 30% of Kingsoft's shares, and with the shares held by Qiu Bojun and Lei Jun, as long as Li Dongling supports it, there will be no obstacles for Lei Jun to take over Kingsoft.

This is also why Qiu Bojun specifically brought up this matter to Li Dongling, hoping to gain Li Dongling's support.

As long as Li Dashan provides support, none of the other shareholders and investors at Kingsoft can oppose him.

Upon hearing Qiu Bojun's words, Lei Jun paused for a moment before saying, "President Qiu, I..."

The relationship between Qiu Bojun and Lei Jun was no longer a typical superior-subordinate workplace relationship. From the very beginning of recruiting Lei Jun to Kingsoft, Qiu Bojun, as the number one programmer in China, personally guided Lei Jun's technology and even taught him how to write code.

Later, Lei Jun was gradually put in charge of Kingsoft's management. Even though the Pangu Building project led by Lei Jun was a complete failure, with less than 2000 units sold and Kingsoft was forced to lay off more than half of its employees, Qiu Bojun sold his Mercedes and villa to raise money for Kingsoft to pay salaries. Qiu Bojun never blamed Lei Jun.

Instead, he told Lei Jun that he hadn't lost, he just hadn't won yet, which tells you about their relationship.

In reality, Lei Jun was the one holding the position of general manager of Kingsoft, and Kingsoft was actually managed by Lei Jun. Qiu Bojun was just making the title official.

Qiu Bojun knew what Lei Jun wanted to say; he was definitely being modest and wouldn't accept the president's position. Qiu Bojun smiled and said, "I'm at ease leaving Kingsoft in your hands. Besides, I'm not planning to retire immediately. I'll still be in charge of Kingsoft's technology development!"

Lei Jun knew that Qiu Bojun's mind was made up. Bringing up this matter in front of Li Dongling had already made Qiu Bojun's attitude clear, so he fell silent.

Watching this scene, Li Dongling glanced at Lei Jun a few times. This transformation at Kingsoft wasn't just a change in position; it seemed that the philanthropist Li had witnessed the birth of Lei Jun...

"Dongling High-Tech has no objections and will continue to support Kingsoft and... President Lei!" Li Dongling said to Lei Jun with a smile.

Dongling Hi-Tech's positioning of Kingsoft is to leverage Kingsoft to develop Dongling Hi-Tech's software and become its assistant in the software industry. As long as this role remains, it doesn't matter much who becomes the president of Kingsoft.

……

The Chinese internet seems to have entered a turbulent period. After China.com completed a huge financing round, while Hong Kong, the mainland and other places were still discussing and digesting the event, countless media outlets were discussing the impact of China.com on Hong Kong and Zhongguancun.

At this time, news broke again from Cyberport that the Cyberport Global Technology Center Industrial Park, which was not yet completed, had signed agreements with four technology companies: Cyberport 3721, Jiangmin Antivirus, Kingsoft, and Tianya Sports.

The Cyberport Technology Centre will become the headquarters of these companies in the port city.

If this news was just "ordinary," then the subsequent news caused an uproar in Zhongguancun and the port city.

Peregrine will be responsible for the valuation and financing of 3721 website!

(End of this chapter)